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Old 10-01-2008   #9 (permalink)
rlcarmichael
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Join Date: Aug 2005
Location: Chesapeake VA
Posts: 1,996
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Re: MouseBuzz teams with Kiva! Join in our group

Quote:
Originally Posted by WishUponAStar View Post
I've heard about Kiva before but never had a chance it check it out. I love this idea, it's wonderful, even though I wouldn't really expect any money back.
I have a three $25 "loans" out there. As they get repaid, you just loan the money to somebody else.

Most of the people are looking for loans of $300-1000 which is repaid over time a few bucks a month. When I get a total of $25 back I make another loan. Kiva combines the $25 loans into the total the applicants are looking to borrow.

I've loaned money to purchase fishing gear and buy supplies.
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Richard Carmichael, Chesapeake VA

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